For a planned economy market, the domestic market has given a positive feedback for this industry, till 2017, china lithium battery producing capability has increased to 100 G Watts, but still can only fulfill 50% of the requirement. More and more state owned company join in this business, start or plan to start lithium associated factory. Moreover, many small company or even personnel are interested to design lithium based EV or Ebike.

As a rule of the market, with the product become mature, the price will go down, but in contrast, the price of raw materials and lithium battery price has increased about 10% at the end of 2016, and recently, the price is fluctuating again!

Be a goverment supported company, Orient Power plays an important role in balancing the price. With New Lithium Iron Battery model pressed, and enhanced policy support, Orient Power new type of Lithium Iron Battery lowered the price about 10%, trying to occupy the market. And it really works...